Top Indian Automobile Industry News & Updates - 02 Aug 2023,Wednesday
🏢 Industry
📝 ED raids Hero MotoCorp Chairman Pawan Munjal’s residence
📝 Tata Motors PV sales in July 2023 at 47,636 units
📝 India asks Tesla to copy Apple in pairing Chinese, Indian suppliers
📝 Mahindra passenger vehicle sales up 29 per cent in July
📝 Tata Motors targets to grow CNG share to 14% in FY24, looks to equalise it with EVs
📝 Passenger vehicle despatches record the best July ever
📝 India emerges as a global renewable energy powerhouse, says Union Minister Raj Kumar Singh
📝 No more new non-EVs for UT officials in Chandigarh
📝 Foxconn EV venture targets India, Thailand for new small car
📝 Bajaj Auto appoints Deepika Warrier as new head of marketing
📝 Balkrishna Industries, MRF among 4 auto stocks which hit new 52-week high on Tuesday
📝 Automakers may need to use 20% recycled inputs from 2026-27
📝 Indian auto industry is driving sustainable mobility through 6 initiatives
📝 Centre plans to scrap mandatory electric vehicle incentive-linked tests
📝 Maruti Suzuki to end manufacturing agreement with Suzuki Motor Gujarat
📝 Investments in fabs should increase for chip market to normalise: Bosch
📝 Car sales stay on track ahead of festive season
📝 Gujarat aims to become chip-making hub
📝 Existing ACC battery units may be able to apply for PLI
📝 Foxconn EV venture targets India, Thailand for small car launch
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🎤 Interviews & Features
📝 Citroen C3 Aircross fuel efficiency vs Skoda Kushaq vs Hyundai Creta and more
📝 Automobile industry to find growth a bit more challenging this year: Mahantesh Sabarad
📝 Prices should keep coming down to help us provide more affordable PNG and CNG to customers: Adani Total Gas CEO
📝 Exports are driving the total volumes: RC Bhargava, Maruti Suzuki
📝 Maruti and some of the real estate stocks can be bought on dips: Deven Choksey
📝 Will the party in auto stocks continue? Kumar Rakesh explains
📝 Sierra is the beginning of our next design phase: Martin Uhlarik, Tata Motors
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🚗 Cars / SUVs
📝 Maruti Suzuki sells 159,431 units in June 2023 in India
📝 Hyundai Motor India domestic sales grow marginally to 50,701 units in July
📝 Toyota Kirloskar Motor sells 21,911 units in July 2023 with 10%YoY growth
📝 MG Motor India July sales up 25% to 5012 units
📝 Maruti Suzuki total sales rise to 1,81,630 units in July
📝 New SUV launches to support Maruti’s growth but MSG buyout may impact RoCE
📝 Honda Elevate first-drive review: Late to the fight but worth the wait?
📝 SUVs drive up vehicle sales in July
📝 Honda Cars sales decline 28 pc in July
📝 What Suzuki Motor Gujarat acquisition means for Maruti Suzuki
📝 Toyota registers best-ever monthly sales in July; Innova, Hyryder lead volumes
📝 Nissan’s free monsoon check-up camps start July 15, 2023
📝 2023 Citroen C3 Aircross mileage revealed: Price announcement in October
📝 SUVs help Maruti Suzuki to post over 1.80 lakh sales in July, hatchback numbers decline
📝 Creta, Venue SUVs help Hyundai India to sell over 66,000 cars in July
📝 Citroen C3 Aircross fuel efficiency revealed: Check it out
📝 Honda Elevate coming in September, variants explained
📝 Hyundai Creta Adventure and Alcazar Adventure trademarked: Will launch soon
📝 Planning to buy Kia Seltos facelift SUV? Here's how much you'll have to wait
📝 Maruti, Hyundai record single-digit sales growth in July
📝 Proxy advisors, analysts favour cash deal to acquire Suzuki Gujarat plant
📝 Buyout impact, margin worries likely to cap gains for Maruti Suzuki
📝 Maruti Suzuki Jimny EV trends on internet as Mahindra Thar EV Concept rumoured reveal on August 15
📝 Maruti Suzuki, Hyundai record single-digit sales growth in July
📝 For Maruti Suzuki, market share continues to be a weak spot
📝 Maruti to acquire 100 per cent of Suzuki Motor Gujarat
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Electric-Cars / SUVs
📝 Foxconn EV venture targets India, Thailand for new small car
📝 Mahindra to unveil Thar EV concept on August 15: All you need to know
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🚗 Luxury Cars
📝 Shehnaaz Gill gifts luxury Mercedes-Benz to brother Shehbaz Badesha, priced over Rs 80 lakhs
📝 Off the mark: luxury car sales roar in India
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⛟ Commercial Vehicles
📝 Ashok Leyland sells 15,068 units in July 2023
📝 Altigreen to use SAP’s cloud-enabled Enterprise Resource Planning software
📝 Zf Commercial Vehicle shares surge 2.72 per cent, Q1 net profit up 59 per cent
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🏗 Construction & Agri Machinery
📝 Escorts Kubota sells 5,161 tractors in July 2023 in domestic market
📝 Mahindra & Mahindra tractor sales surge in July, shares rise over 1%
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🏍 2/3 Wheelers
📝 Royal Enfield July 2023 sales up 32% to73,117 units
📝 TVS Motor July 2023 sales up 4% to 325,977 units
📝 Bajaj Auto 2W sales fall 15% to 2,68,840 units in July 2023
📝 Hero MotoCorp shares slump 4%, off 2-year high; what dampened D-Street mood?
📝 Suzuki Motorcycle India sells 107,836 units in July 2023
📝 Hero MotoCorp total sales fall 12 pc in July
📝 Honda 2Wheelers India sales witness sharp fall of 24% in July
📝 Hero MotoCorp’s sales drop 14% in July; attributes decline to incessant rains
📝 Yamaha R3 and MT-03 to launch in India soon
📝 New-gen Royal Enfield Bullet 350: What to expect?
📝 Hero Xtreme 160R rival: What to expect from new Honda motorcycle?
📝 Terms India as long-term opportunity: Trying to break Eicher’s monopoly, says Harley CEO Jochen Zeitz
📝 ED conducts searches at Hero Motocorp, Pawan Munjal’s premises in foreign currency case
📝 2024 BMW G 310 R, G 310 RR & G 310 GS launched with new colours
📝 Hero MotoCorp and Bajaj Auto's July two-wheelers sales in slow lane
📝 Hero Moto falls 7% from day's high amid report of PMLA case against Munjal
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🚲 Electric 2/3 Wheelers
📝 Ola S1 Air deliveries are on track, says Ola Electric, as bookings cross 50,000 mark
📝 Meet Ola Electric's latest employee: A dog named Bijlee
📝 BattRE makes arrangements with 8 financial institutions for loans to EV customers
📝 Ather Energy sells 7858 units in July 2023
📝 Ola S1 electric scooter discontinued: S1 Air’s introductory price offer extended
📝 TVS iQube e-scooter sales cross 1.5 lakh units: Check month-wise report
📝 Udaan rolls out plans to expand presence in the Northeast India
📝 Ather 450S teased for the first time: Check it out
📝 Log9 Materials partners Hala Mobility to deploy 1500 BzinessLite electric two-wheelers
📝 E2Ws bounce back in July, E3Ws see acceleration in sales
📝 Electric 2-wheelers pick up, but yet to regain FY23 speed
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⚙ Components
📝 Bosch Ltd Q1 2023 PAT at INR 409 crore
📝 Bosch earmarks ₹960 crore for R&D and capex
📝 Wheels India posts ₹13 crore net in Q1 on higher exports
📝 Sona BLW plans to spend 1.1k cr to 1.2k cr capex in next 3 years
📝 Anand Group operating engineers to pursue B Tech in Shri Vishwakarma Skill University
📝 Bosch Ltd to increase manufacturing in India to pare component import
📝 Bosch bets big on hydrogen technologies
📝 Bosch eyes double digit growth in FY24 driven by premium vehicles
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🌇 Allied Industries
📝 Tata Power launches RFID-enabled cards for EV charging
📝 Discount Tires: Enhance Your Driving Experience with Bridgestone TURANZA QUIETTRACK
📝 Tire Reviews: Helping You Choose the Perfect Set of Wheels
📝 The Ultimate Convenience: Buying Michelin CrossClimate 2 Tires Online at NeoTires
📝 Yuma Energy appoints Muthu Subramanian and GM and MD
📝 Sahasra Semiconductors to start assembling chips in two months
📝 Exide Industries rallies 7%, inches to record high on improved Q1 earnings
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🌢 Fuels, Lubricants & Charging Stations
📝 Petrol demand rises in July, diesel sales fall as monsoon ebbs demand
📝 State-run oil cos' petrol sales rise 3.8%, diesel sales drop 4.3% in July
📝 Fuel optimization drives sustainability and efficiency to logistics industry
📝 Oil holds near three-month high on signs supply is tightening
📝 15 minutes EV charging unveiled! New tech by Exponent Energy
📝 Windfall tax on crude up 165% as oil nears $85/barrel
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🌍 Emissions/Environment
📝 India striving to achieve balance between energy needs & reducing emissions: Power Minister
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💸 Finance & Insurance
📝 BattRE partners 8 financial institutions for easy EV loans
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📖 Magazines News
📝 Ola leads the way as EV market recovers in July 2023
📝 Pininfarina PURA Vision concept unveiled
📝 Lamborghini Revuelto India launch in December 2023
📝 Mahindra XUV300 facelift to get panoramic sunroof
📝 Upcoming Tata EV double decker bus leaked via patent image
📝 Maruti to build EVs for Toyota, Suzuki for global markets
📝 Honda Elevate review: Was it worth the wait?
📝 Ola S1 Air vs S1 Pro: what’s different?
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📰 International News
📝 Albemarle to take 5% stake in Patriot Battery Minerals for Canada lithium
📝 Daimler Truck hits record returns margin amid rising costs
📝 BMW lifts outlook, warns inflation and supply issues not over
📝 Skoda unveils Kamiq and Scala models with enhanced design, technology
📝 Mexico, US reach labor agreement at Draxton auto parts plant in Mexico
📝 Lamborghini could sell 10,000 cars in 2023, says CEO
📝 Kia EV5 to break cover in flesh this month, looks like a trimmed EV9. Know more
📝 GM recalls 900 vehicles with Takata air bag inflators, blames manufacturing
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